04/28/16 – Thursday’s Interest-ing Reads

  • Statistics are but a play thing for politicians. (next.ft)
  • Health care sector consolidation continues apace as Abbott ($ABT) buys St. Jude Medical ($STJ). (bloomberg)
  • Don’t think the past was either all good or all bad. (thewaiterspad)
  • The story of how Tiger Woods’ life imploded after his Dad died. (espn.go)
  • Why the “pick one stock to hold forever” question can’t be answered (Fortune Financial Advisors)
  • Where would Yahoo ($YHOO) be without its stakes in Alibaba ($BABA) and Yahoo Japan? (bloomberg)
  • Largest gang takedown in NYC history in the Bronz, over 100 arrested (New York Post)
  • US Q1 GDP came in at 0.5%. (capitalspectator)
  • Currency trading volume is drying up. (bloomberg)
  • What would happen if we adopted a universal basic income? (fivethirtyeight)
  • How mindfulness affects how we think about standard economics (bankunderground.co.uk)
  • Why the whole world is happy to create content for Facebook ($FB) for free. (thereformedbroker)
  • Elon Musk is not afraid of putting his finances at risk. (wsj)
  • A sign that the worst is over, for now, for Apple ($AAPL). (bloomberg)
  • E-War showed up at Valeant’s congressional hearing yesterday, hilarity ensued (Business Insider)
  • Jimmy Buffett has built a business empire built on his music and personality. (nytimes)
  • What happens when two baseball stat geeks take over a team: an excerpt from “The Only Rule is it Has to Work.” (nytimes)
  • The key drivers point to lower capital market returns for the next few decades. (bloomberg)
  • We get into trouble when we confuse ‘should’ and ‘is.’ (farnamstreetblog)
  • A look at the organization that controls your favorite emoticons. (buzzfeed)
  • Is Harvard paying out too little of its endowment? (fusion)
  • The real competition for the Alexa, which powers Amazon’s ($AMZN) Echo, is the smartphone. (next.ft)
  • Weekly initial unemployment claims are at multi-decade lows. (calculatedriskblog)
  • Why active management is under such intense pressure. (bloombergview)
  • Facebook’s ad revenue growth is ridic (Wall Street Journal)
  • Just how uneven the housing recovery has been across the US. (washingtonpost)
  • Valeant saga hits Pershing Square (New York Times)
  • The case for Bidu ($BIDU). (variantviews)
  • How to keep your head up after a bad week. (wsj)
  • What, if anything, did the Fed say different at the April FOMC meeting. (alephblog)
  • BoJ: Well, this certainly wasn’t what we were expecting… (Guardian)
  • Investors are using alternate data sources to analyze companies, like Chipotle ($CMG). (businessinsider)
  • Mondelez ($MDLZ) has been able to jack up operating margins. (bloomberg)
  • Why it’s time to reset your bond market expectations. (awealthofcommonsense)
  • How a football coach became a marijuana mogul. (foxsports)
  • Ten lessons learned from Nate Silver. (thewaiterspad)
  • How managed futures drawdowns compare to stock market drawdowns. (managed-futures-blog.attaincapital)
  • Warren Buffett’s best decision may have been to switch to a permanent capital model. (wilowallstreet)
  • Beware big, hairy long-term forecasts. (ritholtz)
  • China “Wealth Manager” Disappears With $154 Million (Zero Hedge)
  • Make sure to register for my Product Hunt LIVE chat next Thursday! (TRB)
  • Facebook demolishes earnings, declares new class of stock to protect Zuck’s voting rights (Barron’s)
  • What does your social media feed say about your health? (knowledge.wharton.upenn.edu)
  • Bill McBride: The Fed won’t hike in April minus some inflation growth (Calculated Risk)
  • Armageddon is coming for the high cost active managers. (pragcap)
  • How Reddit plans to become a ‘real’ business. (fortune)
  • OnDeck ($ONDK) has some advantages in small business lending. (latticework)

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